Can I pay with Bitcoin in Budapest?

bitcoin in budapestWould you like to pay with Bitcoin during your trip to Budapest? Is it possible? Are there many stores and restaurants in which you can pay with Bitcoin?

Bitcoin is the biggest and most famous cryptocurrency in the world. But, that does not mean that it is the best for doing small purchases. If you would like to make a purchase of a cup of coffee in Budapest paying with Bitcoin, you will most likely end up paying a higher transaction fee than the price for the purchase itself. But, let us not jump ahead too quickly. Because, in order to pay such a high transaction fee, you first need to find a place accepting Bitcoin in Budapest, and that might be harder than you think.

If you search the Internet for information about places in Budapest that accept Bitcoin, you will find a couple of names, but no important places, meaning that you can most likely forget about your cryptocurrencies while in Budapest, and spend some FIAT instead. What is FIAT? That is a currency issued by a government, like for example, the Hungarian Forint. Even though you cannot spend your BTC in Budapest, you can still have fun with it. Why not visit CoinMarketCap or check Blockfolio on your mobile to see how your cryptos are progressing. You can also visit one of the popular crypto-exchanges online to do some trading, and hopefully finance your trip to Budapest with money earned as you do some day-trading during your lunch break in Budapest?

Really eager to use your cryptos in Budapest?

If you are totally devastated by the lack of places accepting Bitcoin and other cryptocurrencies in Budapest, you might want to attack the problem in a different way. Maybe you should get yourself a payment card which will work as a VISA/MasterCard, but you will use your Bitcoin (or other currency) as you use it. Doesn’t that sound cool? There are several companies working with this, and some of the most famous are Monaco and TenX.

If you want to find a Bitcoin ATM in Budapest, then one can be found in Anker Klub, and another one not far from Anker Klub, outside the Regency Suites Hotel at the Madach Imre square. If you first visit this area, you might find it nice to know that Anker Klub is one of the few places in Budapest that actually accept payments with Bitcoin.

Places accepting Bitcoin in Budapest

  • Anker Klub
  • Paprika Hostel

Do you know a place accepting Bitcoin in Budapest? Please write a comment beneath, and we will add it to this list, and hopefully, it will become long and comprehensive as time flies! If you find a place on the list above supposed to accept Bitcoin or other cryptocurrencies, that doesn’t, please write a comment to let us know, and we will remove it from the list.

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